$BLMH.c is in a great position. Bloom Health Partners (CSE: BLMH) recently passed a couple very big milestones. Earlier this month, Bloom successfully closed the first tranche of a $2 million private placement, for gross proceeds of $1.03 million. On top of this, the company recently reported a very strong second quarter, highlighting revenue of $11.1 million.
For a company currently valued at only $7.42 million, both of these metrics are really impressive. The company is currently on track to reach its yearly guidance of $28 million in revenue, which should see Bloom’s valuation into a sharp increase.
Despite a recent dip, Bloom has been performing relatively well contrary to the current bearish market. BLMH is currently up over 30% from recent lows in late May, trading at $.19.
https://ceo.ca/@newsfile/bloom-health-partners-announces-closing-of-first-tranche